Oxford Square Capital Corp. (NASDAQ:OXSQ) Sees Significant Decline in Short Interest

Oxford Square Capital Corp. (NASDAQ:OXSQ) saw a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 435,900 shares, a decrease of 28.5% from the February 28th total of 610,000 shares. Currently, 0.7% of the shares of the company are sold short. Based on an average trading volume of 456,700 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in OXSQ. Kingsview Wealth Management LLC increased its position in shares of Oxford Square Capital by 23.5% during the 4th quarter. Kingsview Wealth Management LLC now owns 68,425 shares of the company’s stock worth $167,000 after purchasing an additional 13,000 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in Oxford Square Capital during the fourth quarter worth about $30,000. United Bank acquired a new stake in shares of Oxford Square Capital during the fourth quarter worth approximately $43,000. Moloney Securities Asset Management LLC raised its stake in shares of Oxford Square Capital by 3.6% in the fourth quarter. Moloney Securities Asset Management LLC now owns 154,800 shares of the company’s stock valued at $378,000 after acquiring an additional 5,319 shares during the last quarter. Finally, Founders Financial Alliance LLC boosted its holdings in shares of Oxford Square Capital by 124.1% in the 4th quarter. Founders Financial Alliance LLC now owns 84,865 shares of the company’s stock worth $207,000 after acquiring an additional 47,000 shares in the last quarter. 6.44% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Oxford Square Capital from a “sell” rating to a “hold” rating in a research report on Tuesday, March 18th.

Oxford Square Capital Stock Performance

Shares of NASDAQ:OXSQ traded up $0.05 during midday trading on Monday, reaching $2.61. 431,799 shares of the company’s stock were exchanged, compared to its average volume of 395,212. Oxford Square Capital has a 12 month low of $2.40 and a 12 month high of $3.29. The firm has a market capitalization of $182.15 million, a PE ratio of -26.10 and a beta of 1.07. The company’s 50 day simple moving average is $2.72 and its two-hundred day simple moving average is $2.73.

Oxford Square Capital Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be paid a dividend of $0.035 per share. The ex-dividend date is Wednesday, April 16th. Oxford Square Capital’s dividend payout ratio is currently 420.00%.

Oxford Square Capital Company Profile

Oxford Square Capital Corp. is a business development company, operates as a closed-end, non-diversified management investment company. It is a private equity and mezzanine firm. The firm invests in both public and private companies. It invests in secured and unsecured senior debt, subordinated debt, junior subordinated debt, preferred stock, common stock and syndicated bank loans.